We bought an apartment in Italy for less than what we'd spend on a down payment in the US. The renovations are a headache, but it's still worth it.
Briefly

Kelly Beigle and Boris Krstevski, a couple from Washington, DC, faced challenges in the DC housing market and initially considered buying in Lisbon. After losing a sale in Lisbon due to rising prices, they traveled around Europe for six months. This road trip led them to Lombardy, Italy, where they found a more affordable apartment for 78,000 euros. It is 126 square meters and offers convenient access for Krstevski, who is from Belgrade, Serbia, just an eight- or nine-hour drive away.
The Lombardy region of Italy became their primary focus after realizing they could purchase an apartment for 78,000 euros instead of requiring a mortgage.
Kelly Beigle expressed that she could not understand owning a million-dollar one-bedroom condo, which would mean working forever to pay it off.
Boris Krstevski noted that the drive from Belgrade to their new apartment in Italy is only an eight- or nine-hour journey, strengthening their decision to buy there.
After losing a sale in Lisbon due to the crazy housing market, Beigle and Krstevski spent six months traveling around Europe, ultimately finding their apartment in Italy.
Read at Business Insider
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